Betsy Devos Net Worth 2020

Net Worth: $5.4 billion
Age: 62
Height: 1.7 m
Born: January 8, 1958
Country Of Origin:  United States
Residence: Holland
Source Of Wealth:  Bussiness, Politics and Education Secretary
Profession: Businessperson, Politician, Official
Marital Status: Married
Children: 4
Education:   Calvin College in Grand Rapids, Michigan

Introduction

Elisabeth Dee DeVos known as Betsy Devos is the 11th United States Secretary of Education since 2017. She married  Amway CEO, Dick DeVos. Her brother Erick is the founder of Blackwater USA and her father Edgar Prince is the founder of prince corporation. In 2016, Forbes ranked the Devos Family as 88th- richest America of estimated worth $5.4 billion. In 2016, President Trump nominated Devos to serves as the secretary of education. In 2017, she was confirmed by 51-50 votes by Senate and appointed as secretary of education.

As of 2020, Betsy Devos’s Net Worth is an estimated $5.4 billion.

Early Life

Betsy Devos was born and brought up in Holland, Michigan. Her birth name is Elizabeth Dee Prince. She with her political brother Erick Prince were raised as Christians. She is an American National but has Dutch ancestry. She went to Holland Christain High school, a private institute. She developed her political passion from Calvin School where she graduated in Economics in 1979.

Career

Devos started her political career in1970s. She volunteered for President Derald R. Ford in 1976 and worked in the Republic National committee till 1998. In 1996, she was elected as chairman of the Michigan Republican Party. She held the office from 1996 to 2003. She was part of numerous social, cultural, and political campaigns but her prime focus remained educational reforms.

Devos and her husband co-founded a company that invests in technology, manufacturing, and clean energy. She held the Board of trustee of John F. Kennedy Center for performing arts from 2004-10 nominated by President Gorge W. Bush. She was nominated as the Education Secretary by Trump and Finally sworn in 2017 as State Education Secretary.

Net Worth Last 5 Years

2019: Net Worth was $2 billion

2018: Net Worth was $13 billion

2017: Net Worth was $2.9 billion

2016: Net Worth unknown

2015: Net Worth unknown

Cars/Home/Private Jets/Yachts

DeVos and her husband have homes in Grand Rapids and Ada, Michigan. The house includes three bedrooms, 5 full and 5 half-bathrooms.

The education secretary owns a fleet of 12 private Jets including 1 Boeing Business Jet, 5 Gulfstream G550’s, 1 Gulfstream G450, 2 Bombardier Challenger 350s, 3 Cessna Citation CJ4’s and her family owns ten yachts. 

Top Quotes 

1. “I will not be deterred from my mission of helping kids in this country.” Betsy Devos

2. “You have to have teachers who are empowered to facilitate great teaching.” Betsy Devos

3. “We’re not proposing any shifting of funding from public schools to private schools.” Betsy Devos

4. “Too many children today are trapped in schools that don’t work for them.” Betsy Devos

5. “I support accountability.” Betsy Devos

Key Points To Conclude

• Education is necessary for every segment of society.
• If you have the authority, use it wisely.
• Politics is a game.
• Born with a silver spoon in her mouth.
• If you have more than enough, spend the surplus.

Summary

Elisabeth Dee DeVos known as Betsy Devos is the 11th United States Secretary of Education since 2017. She married  Amway CEO, Dick DeVos. Her brother Erick is the founder of Blackwater USA and their father Edgar Prince is the founder of Prince Corporation. Devos started her political career in1970s. She was nominated as the Education Secretary by Trump and finally sworn in 2017 as State Education Secretary.

As of 2020, Betsy Devos’s Net Worth is an estimated $5.4 billion.

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